VeriSign, Inc. (NASDAQ:VRSN) Shares Sold by Aviva PLC

Aviva PLC decreased its holdings in VeriSign, Inc. (NASDAQ:VRSN) by 1.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 39,631 shares of the information services provider’s stock after selling 500 shares during the quarter. Aviva PLC’s holdings in VeriSign were worth $9,024,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Fiera Capital Corp increased its holdings in VeriSign by 2.1% in the first quarter. Fiera Capital Corp now owns 154,359 shares of the information services provider’s stock valued at $30,680,000 after buying an additional 3,198 shares during the last quarter. Gardner Lewis Asset Management L P increased its holdings in VeriSign by 30.1% in the first quarter. Gardner Lewis Asset Management L P now owns 25,180 shares of the information services provider’s stock valued at $5,005,000 after buying an additional 5,827 shares during the last quarter. IFM Investors Pty Ltd increased its holdings in VeriSign by 14.3% in the second quarter. IFM Investors Pty Ltd now owns 13,304 shares of the information services provider’s stock valued at $3,029,000 after buying an additional 1,667 shares during the last quarter. Burney Co. increased its holdings in VeriSign by 2.1% in the second quarter. Burney Co. now owns 54,673 shares of the information services provider’s stock valued at $12,448,000 after buying an additional 1,135 shares during the last quarter. Finally, Amundi Asset Management US Inc. increased its holdings in VeriSign by 6.0% in the first quarter. Amundi Asset Management US Inc. now owns 158,376 shares of the information services provider’s stock valued at $31,478,000 after buying an additional 8,964 shares during the last quarter. Institutional investors and hedge funds own 88.46% of the company’s stock.

Shares of VeriSign stock opened at $221.95 on Wednesday. The firm has a market cap of $24.83 billion, a P/E ratio of 40.28 and a beta of 0.79. The business has a 50-day moving average price of $219.53 and a 200 day moving average price of $214.65. VeriSign, Inc. has a fifty-two week low of $184.60 and a fifty-two week high of $234.56.

VeriSign (NASDAQ:VRSN) last posted its earnings results on Thursday, July 22nd. The information services provider reported $1.31 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.32 by ($0.01). The company had revenue of $329.40 million for the quarter, compared to the consensus estimate of $328.16 million. VeriSign had a net margin of 48.49% and a negative return on equity of 44.73%. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the company posted $1.32 earnings per share. On average, equities analysts anticipate that VeriSign, Inc. will post 5.38 EPS for the current year.

In other news, CEO D James Bidzos sold 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 23rd. The stock was sold at an average price of $226.42, for a total transaction of $1,358,520.00. Following the completion of the transaction, the chief executive officer now directly owns 812,826 shares in the company, valued at $184,040,062.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Thomas C. Indelicarto sold 613 shares of the business’s stock in a transaction that occurred on Wednesday, July 14th. The stock was sold at an average price of $229.15, for a total value of $140,468.95. Following the transaction, the executive vice president now owns 55,486 shares of the company’s stock, valued at $12,714,616.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,052 shares of company stock valued at $4,022,035. Insiders own 1.27% of the company’s stock.

VeriSign Profile

VeriSign, Inc provides domain name registry services and Internet infrastructure, which enables Internet navigation for many of the world’s most recognized domain names. It enables the security, stability, and resiliency of key Internet infrastructure and services, including providing root zone maintainer services.

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Institutional Ownership by Quarter for VeriSign (NASDAQ:VRSN)

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